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Frameworks Leads Crypto Gaming Firm Stardust $30 Million Funding Round

The company offers development tools for crypto-powered gamers. Framework Ventures led the $30 Million Series A round....
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Photo by Pepi Stojanovski

The company offers development tools for crypto-powered gamers. Framework Ventures led the $30 Million Series A round.

Framework Ventures led a $30 million funding round for Stardust, which is a platform that offers development tools to crypto-powered game developers.

Distributed Global, Blockchain Capital, Acrew Capital and Blockchain Capital all participated in the Series A round. Bloomberg reported the. There was no valuation.

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Stardust is a self-professed platform that aims to be the infrastructure layer for blockchain-based games. It offers a set of tools that, according to the platform, simplify the building process for crypto gaming apps.

Stardust raised $5 Million in a Seed Round in 2021.

Vance Spencer, co-founder of Framework, told The Block that web3 gaming would result in both the creation of interesting assets and exciting, consumer-friendly applications that will be more attractive in terms of onboarding new, non-native crypto users.

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Venture backers seem to be in agreement. According to The Block Research, the NFT and crypto gaming space have been the most significant investment sectors in venture funding over the past two quarters.

Felipe Rodriguez

Felipe Rodriguez

Felipe states he has super powers, some argue that case but he does come up with some very clear predictions. Felipe is based in the US and frequently travels to Brazil where he was born. He is a journalist of the future and has a portfolio of crypto projects he has worked with. Felipe always says "The future doesn't scare me as much as the past, crypto is here to stay but only time will tell where it will take us".
Felipe Rodriguez

Felipe Rodriguez

Felipe states he has super powers, some argue that case but he does come up with some very clear predictions. Felipe is based in the US and frequently travels to Brazil where he was born. He is a journalist of the future and has a portfolio of crypto projects he has worked with. Felipe always says "The future doesn't scare me as much as the past, crypto is here to stay but only time will tell where it will take us".

© 2022 The Daily Encrypt. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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